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The UKs top earners may need to adjust their tax mitigation procedures if newly proposed Liberal Democrats legislation were to go ahead.
Ahead of the party conference this week, Lib Dem leader Sir Menzies Campbell said Britains "top end" had done "too well" and a tax strategy necessitating a redistribution of wealth should be introduced, reports the Financial Times.
Vincent Cable, Treasury spokesman for the party, said private equity chiefs should be targeted to implement a four pence basic income tax cut.
Another tax planning policy change could be cracking down on the tax breaks given to private equity groups, Mr Cable said.
He added there was no evidence to suggest that the introduction of taper relief on capital gains tax had made investors look to the long-term and instead there "have been very large windfalls, not just to private equity".
The new approach was backed up by a YouGov poll which was undertaken for the party and showed 80 per cent of pollsters feel the gap between rich and poor had grown too large. Over half (57 per cent) said those earning over £100,000 a year pay not enough tax on their salaries.
Speaking last week, Denis Palmer from Business Link London, said it was essential for any new company formation to take an "overall strategic view" to realise its plans and ideas.
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